🇲🇦Live Aluminium Price Per 1 Pound Today in Morocco
Live Rate
Live Rate
Buy
Sell
Metric Ton (LME Baseline)
Global standard pricing
MAD 33,482.31
$3,651.75
Aluminum Futures
Market contract projection
MAD 33,482.31
$3,651.75
Aluminum Ingot
Refined casting blocks
MAD 33,482.31
$3,651.75
Per Kilogram (Kg)
Standard metric unit
MAD 33.48
$3.65
Per Pound (lb)
Imperial unit
MAD 15.19
$1.66
Scrap Aluminum (Kg)
Extrusion / Cans Baseline
MAD 33.48
$3.65
Live Aluminium Price per undefined in Morocco
Welcome to the most detailed resource for live Aluminium prices in Morocco. Right now, the price of Aluminium per undefined stands as a vital benchmark for the manufacturing sector across the region. Our platform delivers instant updates sourced directly from the London Metal Exchange (LME), ensuring you have the most accurate pricing in MAD.
Industrial Aluminium Form Analysis & Applications
Aluminium is extensively used in automotive manufacturing across Morocco. As global infrastructure grows, the appetite for lightweight aluminium continues to surge. Monitoring the price of Aluminium per undefined allows builders to forecast market shifts accurately.
- Aluminium Extrusion: Profiles used in window frames, building facades, and structural supports. Highly valued in scrap markets.
- Aluminium Sheet & Coil: Used extensively in the packaging industry (cans, foil) and automotive body panels.
- Cast Aluminium: Utilized in engine blocks and heavy machinery components due to its excellent thermal conductivity.
- Billet & Ingot: The foundational blocks of raw aluminium used by foundries and manufacturers to create final products.
The Secondary Market: Aluminium Scrap in Morocco
The recycling market for Aluminium in Morocco is incredibly efficient. Because recycling aluminium requires only 5% of the energy needed to smelt new aluminium, the scrap value remains closely tied to the spot price. Whether you are trading aluminium cans, knowing the live rate per undefined in MAD is crucial for securing the best profit margins.
24-Hour Aluminium Market Trend in Morocco
In the last 24 hours, the Aluminium market in Morocco has shown significant movement. Investors and industrial buyers are closely watching the undefined price as it adjusts to global macroeconomic indicators. Short-term projections suggest that if EV manufacturing orders remain steady, the baseline LME price could see further consolidation. Conversely, any drops in manufacturing output might trigger a price correction in MAD.
Live Market Sentiment & Future Outlook
Current market sentiment for Aluminium leans heavily bullish. The transition to sustainable infrastructure means structural demand is virtually guaranteed. Local extruders in Morocco are stockpiling inventory to hedge against future volatility. Furthermore, recycling facilities report high turnover rates, indicating a healthy circular economy that supports the overall pricing structure.
Frequently Asked Questions (Aluminium)
Q:What is the current price of Aluminium per undefined in Morocco?
A:The current price of Aluminium per undefined is undefined MAD. This rate is refreshed continuously based on international market data.
Q:Why is Aluminium important in Morocco?
A:Aluminium is essential because of its lightweight properties. It is the foundation for automotive parts.
Q:How much does scrap aluminium sell for?
A:Scrap aluminium prices generally trade at a discount to the spot market. Clean extrusion fetches the highest prices, while painted aluminium commands slightly lower rates.
Q:What is the difference between Aluminium Ingot and Bauxite?
A:Bauxite is the raw material mined from the earth. It is refined into Alumina, which is then electrolyzed to produce pure Aluminium Ingots. The price per undefined we track is for the refined metal.
Q:Does the London Metal Exchange (LME) control the price in Morocco?
A:The LME acts as the global benchmark for Aluminium pricing. Local prices in Morocco are calculated using the LME base rate plus local premiums and converted into MAD.
Q:Is Aluminium used in Electric Vehicles (EVs)?
A:Yes, absolutely. Aluminium is heavily used in electric vehicles to reduce vehicle weight, thereby increasing driving range.
Q:How often does the Aluminium price change?
A:Aluminium prices fluctuate every minute during market sessions on global exchanges. Our platform captures these changes instantly.
Q:What factors affect the Aluminium price per undefined?
A:Key factors include global energy costs (since smelting is energy-intensive), manufacturing output in countries like China, and supply chain disruptions of Bauxite.
Q:Can I invest in Aluminium in Morocco?
A:Yes, investors can trade Aluminium through commodity ETFs. Physical trading usually involves scrap recycling rather than retail bullion.
Q:Why is Aluminium pricing usually quoted in Metric Tons?
A:Due to its industrial nature, the global standard is the Metric Ton. However, we provide conversions to undefined and MAD for easier tracking.
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